BobbyBuckets1181 BobbyBuckets1181
  • 17-05-2022
  • Physics
contestada

8. Why would ChiN want its own currency to be undervalued relative to the U.S. dollar? How does ChiN maintain an undervalued currency?

Respuesta :

ewitdatee29
ewitdatee29 ewitdatee29
  • 17-05-2022

Answer:

The Chinese government wish to keep the currency undervalued because: A weaker exchange rate makes exports more competitive and increases demand for Chinese exports. Chinese economic growth is dependent on exports, so the value of the currency plays a key role in boosting growth.

Explanation:

Answer Link

Otras preguntas

Which of the following is a medicine that stimulates the body's immune response to make disease-fighting molecules to attack a specific pathogen? Select one of
5000 staples weight 15 oz. how much does one staple weigh?
Product modification occurs even when changes are made to a product's aesthetic appearance rather than its quality and functionality. a. True b. False
how do you do solve this?
which organelles in the cells of the alfalfa plant allow it to produce food
Why does phenolphthalein turn pink
what is the solution to this expression
What are the duties of a personal assistant in Congress, both as an administrative and legal assistant and as an assistant in the field?
How does a sedimentary rock become magma?
A motorcycle travels 3 and 1/8 miles in 2.5 minutes. Which of the following represents the rate, to the nearest mile, at which the motorcycle travels in 1 hour